CARSON CITY, Nev.–Nevada’s Credit Unions are expressing their thanks for a proclamation by the Nevada State Senate and Assembly as they both declared April 2025 as “Financial Literacy Month.”

Nevada has more than 450,000 credit union members. 

According to the Nevada league, Senate Concurrent Resolution 4 (SCR 4), read on the Senate floor and Assembly floor of the capitol building in Carson City, highlights the importance of financial education for all Nevadans and underscores the state’s commitment to empowering its citizens through sound financial practices.

Actions Recognized 

The proclamation recognizes the Nevada State Legislature’s past actions, including the passage of Senate Bill 314 in 2019 and Assembly Bill 274 in 2023, which advanced financial literacy initiatives in Nevada schools and classrooms. It also acknowledges the vital work of the Nevada State Financial Literacy Advisory Council in developing and promoting financial education resources, the league reported.

“The proclamation emphasizes the stark realities of financial illiteracy, citing statistics from the Organization for Economic Co-operation and Development, EVERFI, and Experian, which reveal alarming gaps in financial knowledge among young adults.” The league said. “It also highlights studies demonstrating the positive impact of financial literacy programs on students’ financial decision-making and financial health.”

Financially Empowered Community

“This proclamation is a testament to the Nevada State Senate and Assembly’s dedication to fostering a financially empowered community,” Scott Simpson, president and CEO of Nevada’s Credit Unions, said in a statement. “Credit unions have long been advocates for financial education, and we are thrilled to see our state leaders share this commitment. We believe that by equipping individuals with the knowledge and skills to manage their finances effectively, we are building a stronger and more prosperous Nevada.”

In Attendance

The league reported that CEOs and leaders from Silver State Schools Credit Union, Great Basin Federal Credit Union, Elko Federal Credit Union, Financial Horizons Credit Union, and Rize Credit Union attended the proclamation reading,  

“We want to thank every state senator who supported this proclamation,” Simpson said in his statement. “The commitment displayed by our legislators to this cause is truly commendable.”